An open forum for a decentralized collective of environmentalists, developers, and entrepreneurs to come together and ensure long-term sustainability across Web3, and beyond.
Creating Web3 solutions for nature and biodiversity loss, ocean, and other ecological challenges is one of the many topics the #GreenBlockchainSummit will cover.
Avail takes a bold step towards a modular future, where chains specialize and work together for a much more scalable #Web3.
Here’s how it works 👇 [1/6]
#Polygon uses “modularity” to make blockchains better.
That’s a bit abstract. But Avail is a great example of this.
We've seen how scalable blockchains can become when rollups take execution off-chain.
Data availability is the next logical piece to take off-chain.
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Before this, every blockchain performed:
1️⃣ Data Availability - reach consensus on transaction (tx) order & ensure txs are available for verification
2️⃣ Execution - run txs & determine state changes
3️⃣ Settlement - final verification and arbitration
Geo is stored on @IPFS, anchored #onPolygon & indexed by @graphprotocol to solve the world's problems in a decentralized way.
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Geo is indexed by a subgraph on the @graphprotocol’s decentralized network—which also powers the display of data from live queries from other subgraphs on the network. Users can feed subgraph data into Geo pages, paying $GRT query fees in the process.
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IPFS is used to store the content itself and thus resolves the content/proposals/votes connections without posting an overly large amount of information in the smart contract transactions.
Before @0xPolygonAvail launches soon, we wanted to share an analogy to help you with an often misunderstood web3 primitive: rollups, and their evolved form, validiums.
Start your engines. 🧵
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Modular blockchains work a bit like cargo trucks picking up freight, and traveling up a steep hill.
Drivers have to inspect every transaction before they're loaded.
Once loaded, those drivers have to take every transaction to the blockchain.
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But the more transactions are in the truck, the heavier they are.
But the heavier they are, the more gas they need. And gas is expensive!
The same drivers taking the txs up the hill are the ones that have to check and that slows down the whole network.
Web3 is ready for enterprise. The #PolygonNightfall Mainnet beta is here!
Nightfall is the most efficient blockchain solution for enterprises, enabling businesses to orchestrate private transactions for use in supply chains & other key business functions.
Let’s dive in 🧵 [1/5]
Most enterprise blockchain solutions aren’t decentralized. They’re private or permissioned, relying on pre-existing trust among parties.
By centralizing the blockchain, it compromises trust.
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On the other hand, public blockchain solutions don’t always make sense for enterprises. They’re expensive, lack privacy, and make all transactions visible to third parties.